John Burns Real Estate Consulting, LLC ("JBREC") prepared a market study (the
"Report") for AV Homes, Inc. (the "Company"), based on data available as of
April 2014. JBREC is a nationally recognized independent research provider and
consulting firm that the Company engaged as an expert to prepare the Report. A
copy of the Report is furnished herewith as Exhibit 99.1.

The Company is also announcing the following information related to its
business:

• April and May 2014 home closings and backlog. Based on preliminary data,
the Company estimates that it closed on approximately 112 homes during
April and May 2014 and that at May 31, 2014, it had approximately 474
homes in backlog with a sales value of approximately $121 million. These
estimates are preliminary and subject to completion and may be revised as
a result of Company management's further review of the Company's results.
During the course of the Company's second quarter 2014 closing process, it
may identify items that would require it to make a material adjustment to
these estimates. Accordingly, you are cautioned not to place undue
reliance on these estimates.

• Historical revenue and net income of Royal Oak Homes. As previously
disclosed, the Company acquired Royal Oak Homes, LLC ("Royal Oak") on
March 13, 2014. For the years ended December 31, 2013 and 2012, Royal Oak
had $60.1 million and $18.5 million in revenue, respectively, and $6.2
million and $0.7 million of net income, respectively.

Item 8.01 Other Events.

On June 18, 2014, the Company issued a press release announcing that it had
commenced a private offering to eligible purchasers of $200 million aggregate
principal amount of senior notes due 2019 (the "Notes"). In accordance with Rule
135(c) of the Securities Act of 1933, as amended (the "Securities Act"), a copy
of this press release is being filed as Exhibit 99.2 to this report.
Accordingly, this notice is not intended to and does not constitute an offer to
sell nor a solicitation for an offer to purchase any securities of the Company.

The Notes and related guarantees have not been registered under the Securities
Act or any state securities laws and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration
requirements of the Securities Act and any applicable state securities laws.